After starting last week above the 7 level, USD / TL continued to decline despite the bullish movement in US bond yields.
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The dollar / TL, which fluctuated in the range of 6.96-7.00 in the second half of last week, started the new week in this range. USD / TL he’s looking around 7:00 today. Euro / TL it is trading at the levels 8.47-8.48.
The international credit rating agency Fitch Ratings confirmed Turkey’s credit rating and revised its outlook upwards.
While there is no critical data flow into this week, eyes will be on Fed Chairman Powell’s speech as US 10-year bond yields are above 1.40.
Experts stated that the data agenda in Turkey is quiet today, the Ifo business indices in Germany, the Chicago Fed National Activity Index and the Dallas Fed Manufacturing Index data will be followed abroad, and the economic support package and the new type is planned to be implemented in the US He said that the news flow about the corona virus (Covid-19) outbreak is on the markets agenda.
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IS THE FALL IN THE DOLLAR CONTINUING? -ARCHIVE